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2446 State St, Granite City, IL, 62040

6beds
2baths
2,868sqft
$190,000
$66price/sqft
$1,706/moest. monthly cost
$68,240/yrincome needed

About This Home

Turnkey Duplex Investment in Granite City – Strong Cash Flow & Modern Updates Welcome to 2446 State St., a fully occupied duplex offering immediate, reliable income in Granite City, IL. This well-maintained property features two spacious units, each with 3 bedrooms and 1 bathroom, making it highly desirable for long-term tenants. Both units are currently leased, generating a combined monthly income of $2,490, plus an additional $25/month pet fee. Tenants are responsible for all utilities except Trash—including water/sewer (separately metered), gas, and electric—helping keep operating expenses low and maximizing your return. Inside, the property blends classic charm with modern updates. Each unit showcases beautiful historic millwork alongside recent upgrades, including newer stainless steel appliances, updated kitchen cabinets and countertops (granite counters in 1st floor unit), new flooring, 10 new windows, and updated faucets and fixtures throughout. A newly installed plumbing stack adds further peace of mind for investors. Whether you’re expanding your portfolio or looking for a strong entry into multifamily investing, this duplex offers a compelling combination of steady cash flow, tenant-paid utilities, and thoughtful updates. Don’t miss this opportunity to own a fully occupied, income-producing property with built-in value and long-term appeal.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

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Prather Elementary SchoolGrades PK-K1.1 mi
2/10
Coolidge Middle SchoolGrades 7-81.2 mi
2/10
Granite City High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1915

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Stainless Steel Appliance(s)

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2

Features

  • Flooring: Carpet
  • Finished area above ground: 2,868

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,868
  • Total interior livable area: 2,868 sqft

Property

Details

  • Parcel number: 222201815403018
  • Special condition: Standard

Features

  • Levels: Two

Lot

  • Lot size: 7,501 sqft